🇷🇺Russia's largest bank is building crypto custody where most of the "crypto" never actually touches a blockchain.


off-chain processing. Internal ledgers. Custody wallets are controlled entirely by the bank.
this bank already issued 408 BILLION RUBLES in digital assets last year and ran a bitcoin-backed lending pilot in December.
a sanctioned economy is building bank-grade crypto rails faster than most Western institutions.
BTC0.35%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned